I hear evergrande isn’t the only one in deep trouble over there. If the market crashes xi might be weakened and his opponents might come out the woodwork and challenge himChina bailing them out would increase inflation. China doesn't want to devalue their currency by printing more and is a leading exporter so they can't afford to increase their prices on goods.
They gonna let that bytch burn unless it has major ramifications for the world and even then, they'll probably let it go.
Just My stupid thoughts